That's kind of funny him claiming to be a “ Minsky -ite” when he clearly has nothing to say about solving the debt deflation issue postulated by Irving Fisher. Reminds me how Steve Keen crushed him recently. It was nice to see … [...]

Record low borrowing rates are a sign of fucktitude and deflation – not opportunity. Welcome to global Japan . The Beard must…will print – but US equities are coming back to the pack near term. Waiting for the Beard? You will … [...]

However, Minsky (1986) points that '' the size of the margins of safety determines whether a financial structure is fragile or robust and in turn reflects the ability of units to absorb shortfalls of cash receipts without triggering a debt deflation [...]

“The hope of Bank of Japan that deflation is already subsiding and a positive demand cycle is evolving seems to premature,” Martin Schulz of Fujitsu Research Institute told the BBC. Unlike many other countries in the region, … [...]

After being confronted with that critique, a few of the Freegold people implied that they agreed with most of what Keen/ Minsky have to say, but thought the debt deflation theory was incomplete, in terms of how central … [...]

At the heart of the deflation problem in Japan has been the ongoing slump in land prices, which are now still stuck around early 1980s levels (watch out Spain). Land prices did briefly rise for the first time in 16 years in 2007 as … [...]

“The hope of Bank of Japan that deflation is already subsiding and a positive demand cycle is evolving seems to premature,” Martin Schulz of Fujitsu Research Institute told the BBC. Unsustainable demand. Unlike many other … [...]

Alternatively, on the deflationary pathway (below) in blue, all it will take is the Minsky Moment (which can come any time), to collapse the house of cards once and for all. As always, I predict deflation in the first instance, which … [...]